Will the cryptocurrency world be the only way out for ordinary people?
I have been in the cryptocurrency space for exactly 10 years, and I want to tell everyone that if you want to change your fate, you must try the cryptocurrency world. If you can't make money in this circle, ordinary people may really have few opportunities in their lifetime. Traits of excellent traders First of all, excellent traders must be patient individuals who can endure prosperity! Market cycle theory "Five Poor, Six Exhausted" is true every year. According to cycle theory, there are actually not many good times for trading cryptocurrencies within a year. "Five Poor, Six Exhausted, Seven May Not Turn Around"; every year in May, June, July, and August, I usually hold a cash position and observe.
People trading coins often focus on one question: 'How will the market move?'
But to be honest, the market itself is not the scariest part. What really causes losses is not the market itself, but our obsessions. Trading is a mirror that reflects our emotions, desires, fears, and greed. Check out these 11 common misconceptions about trading coins; how many have you fallen for? The sooner you see through them, the less you will lose. 1. Love-type trading: fell in love with a coin and lost the entire account. Have you ever had such a moment? A coin just takes off, and you can’t help but chase in, telling yourself ‘if I don't jump in now, I’ll never have a chance again!’
7 Iron Rules for Trading Coins That Old Hands Never Share: Understand to Lose 1 Million Less!
I. Survival rules in foggy market conditions Real professional players understand the "Three Color Light Principle" Red Light: Long-short ratio > 1.2, stay firmly on the sidelines Yellow Light: Volatility @ 5%, only do grid trading Green Light: Breakthrough of key level + volume support, strike hard
II. The death game of chasing hot trends Three dimensions to identify real and fake hot trends: 1. On-chain data: Top 10 addresses holding @ 60% is safe 2. Exchange data: Spot/contract trading volume ratio > 3:1 3. Time window: The 72 hours before a new coin launch is a golden period
III. The secret of leading waves Identifying the true breakthrough "three-bang" signal: Breakthrough with explosive volume is 3 times the 30-day average volume
After ten years of ups and downs in the crypto space, from huge losses to substantial returns, I have summarized the following trading disciplines and insights.
Every investor who enters the crypto space will experience significant losses, liquidation, and the transition from profits to losses during their trading career. The only people who make money in the army of traders are those who have experienced bankruptcy, learned from it, and have a strong mindset. Without experiencing liquidation and significant losses, one will never understand what stop-loss means; without experiencing the shift from profit to loss, one will never grasp the mindset shift between heaven and earth. 1. Avoid high and seek low; do not chase prices. Maintain a calm attitude towards price fluctuations, allowing them to rise and fall freely without being easily swayed. 2. There are no absolutes in crypto; timing is everything. Choosing the right buying time means it's a good coin; otherwise, even the hottest coins are just fleeting clouds. Patiently wait for the best timing and focus on potential coins; that's the right path.
After trading cryptocurrencies, I found that trading cryptocurrencies is simpler than trading stocks. Is it true?
My method for trading cryptocurrencies is very simple and practical; I turned 8 figures in just one year by focusing on one pattern, only entering when I see an opportunity, and not trading without a pattern. I have maintained a win rate of over 90% for five years. If your account is below 1 million and you want to profit in the short term in the crypto world, there really is an everlasting trading method that's always effective. It's also a foolproof technique that retail investors can easily adopt just by taking a glance. Pure dry goods! Everyone need not worry about whether you can learn; if I can seize this opportunity, so can you. I am not a god, just an ordinary person. The only difference between others and me is that others neglect this method. If you can learn this method and pay attention to it in future trading, each day you can earn at least 3 to 10 percentage points more.
In the crypto world, there are always people who can find the code to wealth freedom. Today we will decode the three major iron rules of the crypto world. Understanding these can also make you wealthy for a lifetime.
The first iron rule: Money and currency are the king's way. In the crypto world, nothing is more important than these two. Holding cash during a bear market is like a warrior preparing ample supplies before going to battle. Holding a good amount of coins in a bull market is like having wealth freedom vouchers. 99% of problems can be solved with money and currency; this is the reality. The second iron rule: Human nature is the ultimate K-line. The schemes of market makers and the emotions of retail investors are things that must be understood. When you truly see through human nature, you grasp the wealth code of the crypto world. The surges and drops are actually battles of human nature. Whoever can master human nature can dominate the market.
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USD1 ecological dark horse, with a 24-hour trading volume surpassing 30 million, firmly holds the top spot, and its market value has soared to 72 million USD.
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Why do 80% of retail investors lose money in a bull market? Because they sell low and buy high, and because they chase rising prices and sell on dips.
According to statistics, in the last bull market, 190 million retail investors made a total profit of 6.7 billion. You might say, 6.7 billion is not a small amount! If I can get a small share from this 6.7 billion, I could even marry a freshly graduated college student, right? But don't celebrate too early. Retail investors are divided into 'big fish' and 'small fish.' Those with investment accounts over 500,000 (big fish) made a total profit of 254 billion, while those with accounts below 500,000 (small fish) lost a total of 250 billion. Do you see the problem? Trading stocks does not create wealth; it is merely a process of wealth redistribution. And the bull market only serves as a means to mix the wine.
Trading cryptocurrencies is not gambling, but the monetization of understanding.
If you don’t have much capital and want to multiply it several times in a bull market. These 10 pieces of experience may save your life—especially the 8th one, where most people lose money. 1. Small investors should learn to "wait," rather than "fill up". With a capital of 200,000, just capturing 2-3 times when mainstream coins rise more than 30% is enough. In a bull market, the biggest fear is not missing out, but being fully invested and trapped. Those who dare to go into cash are the true hunters. 2. First practice "not losing," then learn "earning" The most expensive sentence in the crypto world: "I think this time is different." One can only earn money within their own understanding, so practice with a simulation account first, stabilize your mindset before going live. Remember: losing once in a real account may mean no chance to recover.
I've been thinking about a question lately: why do most of the people who make money trade spot, rather than contracts?
I've summarized the following key reasons: 1. Cognitive level determines strategy: Most people trading spot are those who have already 'proven' themselves off-market. They have large amounts of capital, are not in a hurry to achieve results, and can live well whether or not they are in the crypto space. So being able to hold on and see clearly allows one not to be thrown off by short-term fluctuations. And those who trade contracts often have funds below $100,000, making it easy to lose balance in their mindset. Wanting to reach the sky in one step and thinking about 10x returns can easily lead to starting over from zero. Leverage trading without risk resistance is essentially gambling. Different cycles have vastly different margins for error:
1. Choosing Cryptocurrencies: The Mystery of the MACD Golden Cross When he sits in his humble abode and opens the daily chart that holds countless wealth secrets, his gaze sharpens like that of a hawk, focusing on the critical indicator of the MACD Golden Cross. MACD, a technical indicator regarded as a compass by investors in the cryptocurrency realm, holds special significance for him. Especially when the Golden Cross appears above the zero line, it resembles a pattern of auspicious star alignment in the universe. This situation signifies that the bullish forces in the market hold the upper hand, with stronger upward momentum and a relatively higher success rate. He is like an experienced treasure hunter, capturing this subtle yet crucial signal to sift through numerous cryptocurrencies for those with potential “gems,” taking a solid first step in his investment journey. This step may seem simple, but it embodies his profound understanding of market trends and precise grasp of technical analysis.
In two years, with less than 700,000, the return rate reached 418134.86%, which turned into over 28 million.
Today I will share the best practical tips with you: The method of position management is to operate in batches. Batching: Divided into equal portion batching and unequal portion batching. First: Equal distribution, also known as rectangle trading method, refers to dividing funds into several equal parts and buying or selling in sequence, with the fund proportion for each buy and sell being the same. Usually, 3 or 4 equal parts are used. For example, first buy 30%, if you start to make a profit, buy another 30%, if there is no profit, temporarily do not invest new funds. When the price of the cryptocurrency reaches a certain high point or the market changes, gradually reduce positions and sell.
Four Essential Techniques for Short-Term Cryptocurrency Trading
The cryptocurrency market is ever-changing, and trading short-term is a game for the skilled. The key to selecting cryptocurrencies for short-term trading lies in hotspots; investors must have a keen insight into the formation of these hotspots. When selecting cryptocurrencies for short-term trading, you should master the following four key techniques: First, look at the trading volume. As the saying goes, 'volume leads price.' Volume is the precursor to price. An increase in cryptocurrency prices must be accompanied by volume. An increase in trading volume signifies a rise in turnover rate and an increase in average holding cost, which reduces selling pressure at higher levels, allowing the price to continue rising. Sometimes, under good conditions where the dealer's chips are locked in, prices may also rise on reduced volume, but this situation won't last long. Otherwise, the average holding cost cannot increase, selling pressure will surge, and the price will lack sustained upward momentum. Therefore, short-term operations must choose cryptocurrencies with volume, especially those with increased volume at the bottom should be given special attention.
The Secret to Making Money in the Cryptocurrency Bull Market for Ordinary People: The Winning Mentality
In financial market investments, we need to have a thorough understanding and awareness of the market. Only then can we survive and thrive in this jungle law. The mentality is the prerequisite for us to achieve results; our mindset influences our behavior, and our behavior ultimately brings results. When sharing the winning mentality, the corresponding one is the loser's mentality. So what is the loser's mentality? The loser's mentality likes to gamble and fantasize, etc. Specifically, it is manifested in the premise of not understanding anything, engaging in contracts and leveraging, believing that the price of mainstream coins is already so high, and buying a bunch of very cheap air coins.
Reasons for Making Money in the Crypto Circle: The Law of Cause and Effect!
Recently, I've been looking into the methods of Akio Morita, and I believe many friends are familiar with him, so I won't elaborate too much here. And what does this have to do with trading in the crypto circle? It's actually quite simple, it's cause and effect. Ultimately, the results we want to achieve in a bull market in the crypto circle depend on the efforts and contributions we made before the bull market began. If you haven't achieved results at the moment, there's no need to compete with me. There is no conflict of interest between us; the money you lost is not what I earned, and what I earned is not what you lost. This is a financial market with global participation.
How do beginners make money in the crypto space? How to quickly earn 1 million! Blockchain and Bitcoin may be the only lifeboat for young people!
Every time the market warms up, many newcomers flood into the crypto space. Beautiful souls are all too common, but interesting souls want cars and houses. 'Blockchain may be the only lifeboat for young people.' In reality, it's not just young people; the crypto space has given countless ordinary people a chance to turn their lives around. Today, I want to share some ways to make money in the crypto space based on my personal experiences over the years. If you are a newcomer still wandering aimlessly, please continue to read. 1. Spot trading Spot trading means buying and holding coins, which is relatively simple; as long as you can hold it, you’re good. You can refer to this guide on getting started with digital currencies or open the exchange app to learn on your own. Most people who first enter this market start with spot trading. What are the advantages of spot trading? Mainly stable growth and diverse choices. Grabbing a quality project's token can appreciate with the project's development. In the past few years, there have been 61 projects among the top 600 cryptocurrencies that have achieved over 100 times returns, making the opportunities, possibilities, and probabilities of making money in the crypto space very high.
There is a very foolish cryptocurrency trading method that earned 300 times in 3 months, relying solely on a single candlestick to determine everything!
I have been trading cryptocurrencies for over 10 years, and through trial and error, I have summarized the (mindless rolling position method): 300 times in 3 months, earning 30 million. If you also want a piece of the pie in the cryptocurrency market, spend a few minutes reading this article carefully; it will benefit you for a lifetime! Adjusting positions Let's get straight to the most critical step—how to achieve rolling positions through adjusting holdings. 1. Timing: Enter the market only when the conditions for rolling positions are met. 2. Opening positions: Follow the signals from technical analysis to find the right timing to enter the market. 3. Increasing positions: If the market moves in your direction, gradually increase your position.
Trading cryptocurrencies is a game that foolish people cannot play, those who are lazy to think cannot play, those with unstable minds cannot play, and adventurers attempting to get rich overnight cannot play.
In the world of financial markets, successful trading relies not only on knowledge and skills but also on how to face uncertainty, manage risks, and accumulate experience and opportunities through long-term trial and error. In the book 'Antifragile', Taleb presents a profound point: the world is full of uncertainty, and those who can benefit from uncertainty are often the winners in the market. For any trader, these principles are not only guidelines for investment but also important rules for how to respond to market fluctuations and protect account safety.